Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Research Report, Demand, Industry Analysis, Share, Growth, Applications, Types and Forecasts Report 2032
The global Alternating Current-Direct Current (AC-DC) power supply adapter market size was USD 11.16 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid expansion of electric vehicles across the globe is a major factor driving market revenue growth.
Revenue growth of the Alternating Current-Direct Current (AC-DC) power supply adapter market is driven by global adoption of Electric Vehicles (EVs). The electric vehicle market is experiencing remarkable growth, with sales surpassing 10 million in 2022. The proportion of electric cars in total sales has more than tripled in just three years, rising from approximately 4% in 2020 to 14% in 2022. This momentum is expected to continue in 2023, with strong sales expected to persist. In the first quarter of 2023, over 2.3 million electric cars were sold, marking a significant 25% increase compared to the same period the previous year. The outlook for the entire year remains promising, with an estimated 14 million electric car sales by the end of 2023, representing a notable 35% year-on-year surge. This growth is expected to accelerate further in the second half of the year as new purchases continue to rise. The demand for the infrastructure needed to allow charging for electric vehicles is rising as their uptake soars. Adapters for converting alternating current from the grid to direct current needed to charge an electric vehicle's batteries are crucial parts of EV charging stations. In addition, there is a rising demand for portable charging options including home charging units and portable chargers that use AC-DC power supply adapters due to the popularity of electric vehicles. The automotive industry's rapid shift toward electric mobility is consequently spurring investments in charging infrastructure, thus creating a high demand for AC-DC power supply adapters globally and driving substantial revenue growth for companies operating in this market.
The latest Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 – 2032 .The report is furnished with the latest updates about the current Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analis of the crisis on the overall market.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the high acuity information solutions market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analyzed and validated through primaries.
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Additionally, researchers have closely examined the significant changes in the market following the coronavirus outbreak. This is the latest report examining the economic situation of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter industry after the current pandemic. The COVID-19 pandemic has significantly changed various aspects of the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market scenario. The latest report provides a comprehensive COVID-19 impact analysis of the market, helping readers to know about the significant impact of the outbreak on the current and future scenarios of this business.
Key Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market participants include STMicroelectronics, TDK Corporation, Advantech, Infineon Technologies, Microchip Technology Inc., Murata Manufacturing Co., Ltd., Texas Instruments, XP Power, Artesyn Embedded Power, Vicor Corporation, Mornsun Guangzhou Science & Technology Co., Ltd., and Recom Power
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the high acuity information solutions market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analyzed and validated through primaries.
Key inclusions of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- AC-DC Wall Power Adapter
- AC-DC External Plug-in Power Adapter
- AC-DC Mountable Power Supply Adapter
- Others
Input Voltage Outlook (Revenue, USD Billion; 2019-2032)
- < 24V
- 25-50V
- >50V
Output Power Outlook (Revenue, USD Billion; 2019-2032)
- < 50W
- 50-100W
- 101-250W
- 251-500W
- 501-1000W
- >1000W
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Some of the key questions answered in this report:
What is the size of the overall Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities and challenges of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market and how they are expected to impact the market?
What are the attractive investment opportunities within the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market ?
What is the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market size at the regional and country-level?
Who are the key market players and their key competitors?
What are the strategies for growth adopted by the key players in Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market ?
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